$505,000
SOLD JUN 23, 2026
2 Beds
2 Baths
-- Sq Ft
4,960 Sq Ft Lot

Sale Details

Date Sold: June 23, 2026

3% Below List Price

55 Days on Market

About This Home

As of June 2026

Investor Opportunity - Turnkey Fourplex Near Downtown Indianapolis Well-maintained fourplex located in the rapidly developing Near Eastside, just minutes from downtown Indianapolis, Bottleworks District, and Mass Ave. This income-producing property features four spacious units, offering a strong blend of current cash flow and upside potential. Three units are currently leased, providing immediate income, while one unit is vacant and ready for a new tenant, allowing the next owner to lease at current market rates or occupy. Ideal for investors seeking a stabilized asset with room to increase rents, or for an owner-occupant looking to house hack while generating rental income. Each unit offers functional layouts with generous living space and consistent tenant appeal. Property benefits from its proximity to major employers, hospitals, dining, and entertainment, supporting strong rental demand in the area. Whether you're expanding your portfolio or entering the multifamily space, this property presents a solid opportunity in one of Indianapolis' most active growth corridors.

Last Agent to Sell the Property

Bunmi Famosinpe

My Agent Brokerage Email: bfamosinpe@gmail.com License #RB22000979 Listed on: 03/21/2026

Last Buyer's Agent

Christy Cutsinger

F.C. Tucker Company License #RB14045052

F.C. Tucker Company
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 1910

Lot Details

  • 4,960 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Exterior Basement Entry
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • Kollers Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tax Lot 49-10-06-122-009.000-101
  • Assessor Parcel Number 491006122009000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,196

Year Built

Built in 1910

Lot Details

4,960 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1910
  • Lot Size Acres: 0.11
  • Structure Type: Quadruplex
  • Subdivision Name: Kollers
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: bfamosinpe@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Exterior Entry
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Materials: Cement Siding
  • Road Access: County Rd

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Lot Features: Corner Lot, Sidewalks
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 4960
  • Parcel Number: 491006122009000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 5196
  • Tax Lot: 49-10-06-122-009.000-101
  • Semi Annual Property Tax Amt: 2598
  • Tax Exemption: Homestead Tax Exemption

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Oct 24, 2024
Sold by
Bought by
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Bunmi Famosinpe
eXp Realty, LLC
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$439,814
Outstanding Balance
$429,294
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$72,731

Purchase Details

Listed on
Mar 27, 2018
Closed on
Aug 30, 2018
Sold by
Bought by
Seller's Agent
Bruce Baird
Intend Indiana, Inc.
Buyer's Agent
Bruce Baird
Intend Indiana, Inc.
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.92%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Bought by

Purchase Details

Closed on
May 18, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Eagle Land Title
Quit Claim Deed $30,250 Meridian Title Corporation
Quit Claim Deed $30,250 Meridian Title Corporation
Deed $55,000 --
Deed -- --
Land Contract $65,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $439,814 FHA
Previous Owner $204,000 New Conventional
Previous Owner $168,725 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2026 06/23/26 Sold $505,000 -1.0% --
05/15/2026 05/15/26 Pending -- -- --
05/14/2026 05/14/26 Price Changed $509,999 -1.7% --
03/21/2026 03/21/26 For Sale $519,000 +14.1% --
10/25/2024 10/25/24 Sold $455,000 -4.2% -- View Prior Sale
08/28/2024 08/28/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $475,000 -4.0% --
05/28/2024 05/28/24 For Sale $495,000 +800.0% --
08/30/2018 08/30/18 Sold $55,000 0.0% -- View Prior Sale
05/24/2018 05/24/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $55,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,110 $294,500 $6,900 $287,600
2024 $3,196 $211,200 $6,900 $204,300
2023 $3,196 $127,000 $3,400 $123,600
2022 $2,538 $99,800 $3,400 $96,400
2021 $2,224 $88,600 $3,100 $85,500
2020 $2,230 $88,600 $3,100 $85,500
2019 $3,540 $84,900 $3,100 $81,800
2018 $2,648 $84,900 $3,100 $81,800
2017 $3,771 $81,600 $3,100 $78,500
2016 $2,884 $77,100 $3,100 $74,000
2014 $1,654 $76,500 $3,100 $73,400
2013 $1,590 $76,500 $3,100 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22090573

MIBOR Broker Listing Cooperative®

APN: 49-10-06-122-009.000-101

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